Construction Buyout Acquisitions in 2023
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December 30, 2023
- Buyer
- Australis Equity Partners
- Target
- Sunrise Premiere Pool Builders, LLC
- Industry
- Construction
- Location
- Maryland, United States
- Type
- Buyout
Australis Equity Partners, through a subsidiary, has acquired Sunrise Premiere Pool Builders, LLC, a full-service inground pool construction company headquartered in Arnold, Maryland. Sunrise, founded in 1999 and operating a 3,000 sq. ft. facility, specializes in residential inground pools and works with subcontractors; Australis said the acquisition will be leveraged to facilitate future construction-industry acquisitions.
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December 26, 2023
- Buyer
- Dunes Point Capital, LP, Dunes Point Capital Fund III, LP, Roofing Services Solutions, LLC
- Target
- Noland's Roofing, Inc.
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
Dunes Point Capital, LP formed Roofing Services Solutions, LLC and acquired Noland's Roofing, Inc., a Clermont, Florida-based residential re-roofing and exterior services provider. Dunes Point Capital Fund III provided the controlling equity and M&T Bank provided debt financing; Noland's operates three Florida locations and employs approximately 70 people as the first investment in a platform consolidation strategy in the aftermarket roofing services space.
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December 21, 2023
- Buyer
- H.I.G. Capital
- Target
- Penhall Company
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
H.I.G. Capital, through an affiliate, has completed the acquisition of Penhall Company, North America’s largest provider of specialty concrete services. Headquartered in Irving, Texas, Penhall operates over 40 branch and service locations across the U.S. and Canada and will partner with H.I.G. and current management to accelerate growth and expand services.
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December 18, 2023
- Buyer
- Escajeda Masonry & Concrete, Escajeda Holdings
- Target
- Alex Restoration & Masonry Repairs
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Buyout
Escajeda Masonry & Concrete, part of Escajeda Holdings, has acquired New Castle, Pennsylvania-based Alex Restoration & Masonry Repairs. The acquisition expands Escajeda's footprint in the tri-state area, adds historic restoration and preservation expertise, and will keep Alex Restoration operating under its name from its New Castle and Erie offices.
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December 18, 2023
- Buyer
- FirstService Corporation
- Target
- Roofing Corp of America
- Seller
- Soundcore Capital Partners
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Buyout
FirstService Corporation has acquired a significant controlling interest in Roofing Corp of America from Soundcore Capital Partners; the transaction closed on December 15, 2023. The purchase price is US$413 million, funded with cash and borrowings, with Roofing Corp management (including CEO Randy Korach) retaining the balance of the equity and continuing to run the business. Headquartered in Atlanta, Roofing Corp operates 16 regional branches across 11 U.S. states, employs more than 900 people, and generates approximately US$400 million in annual revenue.
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December 15, 2023
- Buyer
- David Galloway
- Target
- Brazos Commercial Roofing
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
David Galloway, a former co-owner, completed a management buyout to become sole owner of Brazos Commercial Roofing on December 15, 2023. Generational Equity advised on the transaction; Brazos Commercial Roofing is a Clute, Texas–headquartered commercial and industrial roofing and waterproofing services provider.
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December 14, 2023
- Buyer
- Chaney Enterprises
- Target
- Concrete Solutions, LLC
- Industry
- Construction
- Location
- North Carolina, United States
- Type
- Buyout
Chaney Enterprises, a construction material supplier based in Gambrills, Maryland, has acquired Concrete Solutions, LLC, a ready-mix concrete operator with plants in Raeford and Goldston, North Carolina. The purchase expands Chaney's footprint into central North Carolina and brings its planned total of three North Carolina ready-mix locations (Raeford, Goldston and an expected Powells Point site).
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- Buyer
- Granite Construction Incorporated
- Target
- Lehman-Roberts Company, Memphis Stone & Gravel Company
- Industry
- Construction
- Location
- Tennessee, United States
- Type
- Buyout
Granite Construction Incorporated (NYSE: GVA) has acquired Lehman-Roberts Company and Memphis Stone & Gravel Company, expanding its materials and paving footprint in the Memphis metropolitan market. The deal adds asphalt plants and sand & gravel mines (with substantial reserves) to Granite’s operations and will be financed with a $150 million term loan plus revolver and cash on hand; the acquired companies’ leadership will remain in place.
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November 29, 2023
- Buyer
- New Home Co.
- Target
- Hamilton Thomas Homes
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
New Home Co., an Irvine-based homebuilder backed by Apollo-managed funds, has acquired Hamilton Thomas Homes to enter the Texas market. The deal brings roughly 2,000 lots (about 12 planned communities) in Houston and Austin and retains founders John Bohnen and Jennifer Keller to lead New Home Co.'s newly formed Texas region.
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November 19, 2023
- Buyer
- Herc Rentals
- Target
- Summit Equipment Rentals
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Herc Rentals has acquired Summit Equipment Rentals, a three-location equipment rental operator in Southern California. The deal expands Herc Rentals' presence in the Los Angeles and San Diego markets; Summit operates facilities in Menifee, Chula Vista and Garden Grove and offers aerial work platforms, earthmoving equipment, water trucks and tools.
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November 16, 2023
- Buyer
- Sterling Infrastructure, Inc.
- Target
- Professional Plumbers Group, Incorporated
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
Sterling Infrastructure, Inc. (Nasdaq: STRL) acquired Professional Plumbers Group, Incorporated (PPG), a Wylie, Texas-based plumbing contractor serving residential home builders in the Dallas area, for $50 million in cash plus an earnout. PPG, which generates approximately $50–55 million in annual revenue, will join Sterling's Building Solutions segment to expand its residential plumbing capabilities and cross-sell to its existing builder customers in the Dallas market.
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November 15, 2023
- Buyer
- Gemspring Capital Management, LLC (affiliate)
- Target
- Fenceworks, LLC
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Gemspring Capital Management, through an affiliate, has acquired Fenceworks, LLC, a Riverside, California–based fencing installer and distributor. Financial terms were not disclosed; Fenceworks operates ~15 locations in California with approximately 500 employees and provides installation and wholesale distribution to homebuilders, commercial customers, and local fencing providers.
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November 6, 2023
- Buyer
- The Bay Crane Companies, Inc.
- Target
- Locke Crane Services, LLC
- Industry
- Construction
- Location
- Massachusetts, United States
- Type
- Buyout
The Bay Crane Companies, Inc. has acquired Locke Crane Services, LLC, a family-owned crane, rigging and heavy-haul services provider, expanding Bay Crane's New England footprint and branch network. The acquisition adds Locke's fleet and experienced team to Bay Crane’s regional operations to broaden its turn-key lifting and heavy-haul capabilities across New England.
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November 1, 2023
- Buyer
- HB Capital
- Target
- Structural Building Components LLC
- Seller
- Current owner(s)
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
HB Capital has acquired Structural Building Components LLC, a Deerfield Beach, Florida-based specialty contractor that provides structural shells for single- and multi-family homes. The deal facilitates a sale of equity from the current owner(s) toward employee ownership, and SBC will continue to operate under its existing management and brand.
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November 1, 2023
- Buyer
- The JF Petroleum Group
- Target
- Jones Covey Inc.
- Seller
- Bret Covey, Bob Christie
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
The JF Petroleum Group has acquired Jones Covey Inc., a Southern California-based general contracting and fuel-infrastructure services firm. The deal expands JF's installation, construction, maintenance and compliance capabilities and creates a coast-to-coast turn-key fueling solutions platform; terms were not disclosed.
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- Buyer
- Percheron Capital
- Target
- SafeBasements
- Industry
- Construction
- Location
- Minnesota, United States
- Type
- Buyout
Percheron Capital has acquired SafeBasements, a Minnesota-based foundation repair and basement waterproofing services company, as the first investment in a new platform focused on foundation repair and waterproofing. Percheron named industry veteran Deb Dulsky as CEO to lead growth and expansion across the Midwest, leveraging SafeBasements' vertically integrated products and experienced team.
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October 19, 2023
- Buyer
- Alta Equipment Group
- Target
- Burris Equipment Co.
- Seller
- Barry and Debbie Heinrichs, David and Debra Zenner
- Industry
- Construction
- Location
- Illinois, United States
- Type
- Buyout
Alta Equipment Group has agreed to acquire Burris Equipment Co., a three-location construction and turf equipment dealer and rental business based in Waukegan, Illinois, for $14.0 million in cash. The deal — expected to close in Q4 2023 — expands Alta's presence in the Chicago market, adds rental fleet capacity and OEM relationships, and preserves Burris's brand while the selling owners retire.
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- Buyer
- Turner Brothers, LLC
- Target
- Woodland Tilt-Up, Inc.
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
Turner Brothers, LLC, a Massachusetts-based concrete building services company, has acquired Woodland Tilt-Up, Inc., a Florida-based specialty tilt-up construction contractor, to establish a presence in South Florida. The acquisition supports Turner Brothers’ strategic expansion into the Southeast to better serve commercial, multi-family, residential, and distribution clients.
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October 12, 2023
- Buyer
- Trumark Homes
- Target
- Wathen Castanos Homes
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Trumark Homes has acquired Wathen Castanos Homes to expand its homebuilding footprint into Central California, making Trumark’s portfolio contiguous across Northern to Southern California. The deal bolsters Trumark’s regional scale and supports its goal to exceed $1 billion in revenue in 2024.
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October 12, 2023
- Buyer
- Branford Castle Partners II, L.P.
- Target
- Marine Floats
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
Branford Castle Partners II, an affiliate of Branford Castle Partners, has made a strategic investment in Marine Floats, a Tacoma, Washington-based specialty marine contractor that designs, fabricates and installs marinas, floating docks and waterfront structures while providing environmental and permitting advisory services. Branford will partner with founder and President Logan Brown to support growth and expand the company’s offerings and reach across the Pacific Northwest; terms were not disclosed.
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October 4, 2023
- Buyer
- Great Day Improvements, LLC
- Target
- K-Designers
- Seller
- Larry Judson (founder and CEO of K-Designers)
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Great Day Improvements, a vertically integrated direct-to-consumer home improvement platform, has acquired K-Designers, a Sacramento-area remodeling contractor specializing in siding, windows, doors, roofing and bathroom remodeling. The acquisition lets Great Day enter the California market and strengthen its presence across the Western U.S.; Angle Advisors served as exclusive advisor to K-Designers.
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October 2, 2023
- Buyer
- Construction Partners, Inc.
- Target
- Hubbard Paving & Grading, Inc.
- Industry
- Construction
- Location
- South Carolina, United States
- Type
- Buyout
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hubbard Paving & Grading, Inc., a Walhalla, South Carolina-based paving and grading contractor. The deal adds a hot-mix asphalt plant and related operations to CPI's South Carolina platform King Asphalt, Inc., expanding CPI's service footprint in the Upstate/Greenville metro region.
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October 2, 2023
- Buyer
- The JF Petroleum Group
- Target
- Star Construction Inc., SCI Petroleum Inc.
- Seller
- Star Construction Inc., SCI Petroleum Inc., Brian Starer
- Industry
- Construction
- Location
- South Carolina, United States
- Type
- Buyout
The JF Petroleum Group has acquired the assets of Star Construction Inc. and SCI Petroleum Inc., relocating those assets to its Charleston, South Carolina Dykstra Construction branch. The deal brings former owner Brian Starer and licensed master electrician Brett Barnes into JF's Dykstra Construction leadership team and expands JF's installation, construction, and electrical capabilities in the Southeast.
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September 28, 2023
- Buyer
- The Valcourt Group
- Target
- Superior Grouting & Restoration Services, LLC
- Seller
- Dave Schwartz (Owner and President of Superior Grouting & Restoration Services)
- Industry
- Construction
- Location
- Maryland, United States
- Type
- Buyout
The Valcourt Group has acquired Superior Grouting & Restoration Services, LLC (SGS), a Riverdale, Maryland–based provider of waterproofing, grouting and concrete restoration services. The acquisition expands Valcourt's service footprint and technical capabilities in the Washington, D.C. metropolitan area and adds experience servicing water and wastewater treatment facilities.
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September 18, 2023
- Buyer
- OMERS Private Equity
- Target
- Knight Commercial
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
OMERS Private Equity has signed a definitive agreement to acquire a majority stake in Knight Commercial, a Dallas-area provider of commercial restoration, reconstruction and roofing services. The investment will fund footprint expansion and pursue growth through M&A while Knight Commercial co-founders Adam McKelvey and Peter Tredennick remain significant shareholders.
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September 15, 2023
- Buyer
- Hillcore Group
- Target
- Midlite Construction Ltd.
- Industry
- Construction
- Location
- Alberta, Canada
- Type
- Buyout
Hillcore Group has completed the acquisition of Midlite Construction Ltd., a Fort McMurray-based powerline construction and maintenance company. The deal expands Hillcore's industrial and utility services capabilities and strengthens its regional presence across Alberta and Western/ Northern Canada.
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August 15, 2023
- Buyer
- Black & Veatch
- Target
- Bird Electric Enterprises, Bird Electric Properties
- Seller
- BASElectric Holdings, LLC
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
Black & Veatch has acquired Bird Electric Enterprises and Bird Electric Properties (both part of BASElectric Holdings, LLC). The acquisition brings more than 600 electrical construction and emergency restoration professionals into Black & Veatch’s Grid Solutions portfolio, expanding its capabilities across transmission, distribution, renewables, EV charging and storm restoration markets.
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- Buyer
- Topcon Solutions Store (TSS), Topcon Positioning Systems
- Target
- Boyd Instrument and Supply
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Buyout
Topcon Solutions Store (TSS), the North American retail division of Topcon Positioning Systems, has acquired Boyd Instrument and Supply of Horsham, Pennsylvania. The dealer will join TSS’s growing North American retail network to expand customer access to Topcon products, technical support and training.
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July 24, 2023
- Buyer
- Garden City Equity
- Target
- Wathco
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Buyout
Garden City Equity has made an investment in Wathco, a national restaurant remodeling and conversion services provider. The partnership will support Wathco's capacity expansion and growth serving multisite QSR, casual dining and retail brands across the United States.
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July 18, 2023
- Buyer
- The Armstrong Company
- Target
- Pruiba
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
The Armstrong Company has acquired Pruiba, a South Florida installer of architectural modular wall systems and acoustic baffle systems. The acquisition adds on-site installation capabilities to Armstrong's moving, relocation and supply chain services, enabling the combined business to offer a full officescape and workspace solution.
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July 12, 2023
- Buyer
- Hillcore Group
- Target
- Ruskin Construction Ltd.
- Industry
- Construction
- Location
- British Columbia, Canada
- Type
- Buyout
Hillcore Group has completed the acquisition of control of Ruskin Construction Ltd. Ruskin Construction, founded in 1989 and employing over 250 professionals with locations in British Columbia and Alberta, provides heavy civil, bridge, marine, railway and foundation construction services to oil & gas, forestry, transportation and mining clients across North America.
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July 1, 2023
- Buyer
- Cannon & Wendt
- Target
- Gilbert Electric
- Industry
- Construction
- Location
- Arizona, United States
- Type
- Buyout
Phoenix-based electrical contractor Cannon & Wendt has merged with Tucson-based Gilbert Electric, bringing Gilbert's 94 electrical professionals into Cannon & Wendt's employee-owned organization. The combination expands Cannon & Wendt's statewide reach and capabilities—adding Gilbert's industrial and specialty construction experience and bolstering BIM, data center expertise, and materials procurement power.
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June 28, 2023
- Buyer
- H.I.G. Capital
- Target
- CLC Group Limited
- Seller
- Armitage Family Trust
- Industry
- Construction
- Location
- England, United Kingdom
- Type
- Buyout
An affiliate of H.I.G. Capital has acquired CLC Group Limited from the Armitage Family Trust, with the Armitage family trust and CLC management reinvesting alongside H.I.G. The UK-based property and asset refurbishment provider operates roughly 15 branches and offers refurbishment, electrical and fire protection services to social housing, local government, defence, hospitality and utilities clients; H.I.G. intends to support service and geographic expansion and pursue add-on acquisitions.
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June 2, 2023
- Buyer
- Hillcore Group
- Target
- Thompson Construction Group
- Industry
- Construction
- Location
- Alberta, Canada
- Type
- Buyout
Hillcore Group has completed the acquisition of Thompson Construction Group. Thompson, a Spruce Grove, Alberta–based heavy civil contractor with over 1,500 employees and a large equipment fleet, will partner with Hillcore and its senior management to expand service capacity, pursue capital expenditure and acquisition opportunities, and support geographic growth across Western Canada.
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- Buyer
- Funds managed by affiliates of Apollo Global Management's Impact platform (Apollo Impact)
- Target
- United Living Group
- Seller
- Elysian Capital II LP, United Living management
- Industry
- Construction
- Location
- United Kingdom
- Type
- Buyout
Funds managed by affiliates of Apollo Global Management's Impact platform have acquired United Living Group from Elysian Capital II LP (in conjunction with management). United Living, a UK provider of essential infrastructure, social housing maintenance and construction services employing over 1,000 people, will be led by founder and CEO Neil Armstrong as it scales under Apollo Impact; financial terms were not disclosed.
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May 22, 2023
- Buyer
- PCL Construction Enterprises, Inc.
- Target
- The Companies of Nassal
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
PCL Construction Enterprises, Inc. has acquired The Companies of Nassal, a specialty theming fabricator and program manager, to deepen PCL’s capabilities in entertainment, hospitality, cultural and gaming markets. Nassal will continue to operate under its existing leadership and brand while leveraging PCL’s scale, purchasing power and global reach to take on larger projects and accelerate growth.
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May 9, 2023
- Buyer
- Empower Brands, MidOcean Partners
- Target
- Bumble Roofing
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Empower Brands, the multi-brand franchisor backed by MidOcean Partners, has acquired Bumble Roofing, a Los Angeles–based full-service roofing company founded in 2019. Empower will incubate Bumble Roofing as a franchise brand and use its franchising resources to expand the company's footprint nationally.
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May 5, 2023
- Buyer
- Fortune Brands Innovations, Inc.
- Target
- Emtek, Schaub, Yale, August
- Seller
- ASSA ABLOY, Inc.
- Industry
- Construction
- Location
- Illinois, United States
- Type
- Buyout
Fortune Brands Innovations announced it will proceed with the acquisition of Emtek and Schaub premium and luxury door and cabinet hardware, along with Yale and August residential smart lock brands, from ASSA ABLOY. The deal is expected to close on or before June 30, 2023 after DOJ litigation resolution and required court approval.
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- Buyer
- A1 Garage Door Service
- Target
- Duppy's Door Service
- Seller
- Joe Duppy
- Industry
- Construction
- Location
- Ohio, United States
- Type
- Buyout
A1 Garage Door Service has acquired Duppy's Door Service, a family-owned garage door repair, maintenance, and installation business serving central Ohio. The deal expands A1's national footprint into the greater Columbus market and will have Duppy's operate as Don's Garage Doors, an affiliate brand of A1.
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May 2, 2023
- Buyer
- Vantem
- Target
- Affinity Building Systems
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Buyout
Greensboro, North Carolina–based modular technology company Vantem has acquired Lakeland, Georgia–based Affinity Building Systems, a regional modular home manufacturer serving the Southeast. The deal expands Vantem’s U.S. footprint as part of a strategy to establish 20 plants nationwide and will integrate Vantem’s energy-efficient, climate-resilient building technology into Affinity’s product portfolio.
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- Buyer
- Strength Capital Partners, LLC
- Target
- Kelchner, Inc.
- Seller
- John Wood Group PLC
- Industry
- Construction
- Location
- Ohio, United States
- Type
- Buyout
Strength Capital Partners, a U.S. private investment firm, acquired Kelchner, Inc., a Springboro, Ohio-based excavation and civil construction services provider, from John Wood Group PLC. Strength will partner with CEO Kevin Weckel to pursue organic growth and strategic acquisitions in the Southwest Ohio market; financing for the transaction included First Commonwealth Bank, Northcreek Mezzanine, and Eagle Private Capital.
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April 25, 2023
- Buyer
- Granite Construction (Granite, NYSE:GVA)
- Target
- Coast Mountain Resources (2020) Ltd.
- Industry
- Construction
- Location
- British Columbia, Canada
- Type
- Buyout
Granite Construction (NYSE: GVA) has completed the acquisition of Coast Mountain Resources (2020) Ltd., the operator of the Bamberton Quarry on Vancouver Island, British Columbia, located on Malahat First Nation land. The acquisition strengthens Granite's vertically integrated construction materials footprint in its home markets and Granite says it will work with the Malahat First Nation to manage a safe and environmentally responsible operation.
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April 25, 2023
- Buyer
- Bertram Capital
- Target
- The Vinyl Outlet
- Industry
- Construction
- Location
- New York, United States
- Type
- Buyout
Bertram Capital has completed an investment in The Vinyl Outlet (TVO), a Buffalo, New York–based direct-to-consumer installer of residential vinyl fences, decks, porches and railings. The deal establishes TVO as a platform company for Bertram’s Fund IV and the company plans to expand geographically and pursue select add-on acquisitions; terms were not disclosed.
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- Buyer
- Bigge Crane and Rigging Co.
- Target
- Empire Crane Company
- Industry
- Construction
- Location
- New York, United States
- Type
- Buyout
Bigge Crane and Rigging Co. acquired a majority stake in Empire Crane Company, creating a coast-to-coast alliance that expands Bigge's 'Perfect Fleet' availability on the East Coast. The partnership gives Empire customers access to Bigge's inventory, dealer pricing and priority ordering from major crane manufacturers while enabling geographic expansion into the Gulf, Mountain and West Coast regions.
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April 6, 2023
- Buyer
- Great Range Capital
- Target
- Roofed Right America
- Seller
- Adam Brissman, Ricardo Herrera
- Industry
- Construction
- Location
- Wisconsin, United States
- Type
- Buyout
Great Range Capital, a Kansas City–area private equity firm, has acquired Roofed Right America, a Milwaukee-headquartered commercial roofing contractor that provides re-roofing and maintenance services across the Central and Eastern U.S. Roofed Right's founders, Adam Brissman (CEO) and Ricardo Herrera (COO), will remain in their roles with significant ownership stakes as GRC supports the company's organic growth and establishes a scalable platform for add-on acquisitions.
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March 28, 2023
- Buyer
- Boyne Capital
- Target
- Ryan Construction Co., Inc., Ryan Marine, Inc.
- Seller
- Founders / Management
- Industry
- Construction
- Location
- Virginia, United States
- Type
- Buyout
Boyne Capital has partnered with management to acquire Ryan Construction Co., Inc. and Ryan Marine, Inc., a Suffolk, Virginia–based provider of marine and industrial contracting and maintenance services. The investment—the latest platform for Boyne’s BCM Fund II—will support the company’s next phase of growth by strengthening corporate infrastructure and expanding market share across the Mid-Atlantic, particularly in defense, logistics and utilities end markets.
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March 28, 2023
- Buyer
- ATI Restoration, LLC
- Target
- Venturi Restoration, LLC
- Industry
- Construction
- Location
- United States
- Type
- Buyout
ATI Restoration, a family-operated restoration contractor headquartered in Anaheim, California, has acquired Venturi Restoration, a multi-state provider of emergency response, property reconstruction and renovation services with 21 offices and nearly 400 employees. The acquisition expands ATI's presence into six new states and significantly increases its national footprint, with financial terms not disclosed.
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March 27, 2023
- Buyer
- Tecta America Corporation
- Target
- Tuscano-Maher Roofing
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Buyout
Tecta America Corporation, the national leader in commercial roofing, has acquired Tuscano-Maher Roofing (TMR), a Saltsburg, Pennsylvania-based commercial roofing and sheetmetal contractor. TMR will operate as "Tuscano-Maher Roofing, a Tecta America Company, LLC," with existing leadership (Mike Maher, Marty Nalevanko, Joe Slapinski) remaining in their current roles to support continued service to local municipalities, property owners and managers.
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March 22, 2023
- Buyer
- Great Range Capital
- Target
- America's Best Carpet & Tile
- Industry
- Construction
- Location
- Tennessee, United States
- Type
- Buyout
Kansas City-based private equity firm Great Range Capital has acquired America's Best Carpet & Tile (ABCT), a Memphis-based full-service flooring company. The partnership will support ABCT's continued growth and geographic expansion while Jeff Cantor remains as owner and CEO.
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March 16, 2023
- Buyer
- High Street Capital
- Target
- Pinnacle Contracting Services
- Industry
- Construction
- Location
- North Carolina, United States
- Type
- Buyout
High Street Capital has made a platform investment in Pinnacle Contracting Services, a concrete foundation and finishing services provider headquartered in Kernersville, North Carolina. The firm will partner with Pinnacle's founder and management to execute a growth plan focused on expanding installation capacity, building HR depth, entering new geographies, and adding service offerings (including multi-family work). This marks High Street's eighth platform investment for Fund V.
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